Select Page
What is Right-Skewed Histogram?

What is Right-Skewed Histogram?

SSDSI Blog

A histogram is a type of bar chart that represents the distribution of numerical data by displaying the frequency of data within specified ranges, known as bins. It provides a visual interpretation of numerical data by indicating the number of data points that lie...
Pareto Optimality

Pareto Optimality

SSDSI Blog

Pareto Optimality is a key concept in economics that is used to measure the efficiency of an economic system. It is named after the Italian economist Vilfredo Pareto, who first introduced the idea in the early 20th century. In simple terms, Pareto optimality refers to...
Process Audit

Process Audit

SSDSI Blog

A process audit is a systematic and detailed evaluation of the operations within a process to verify that it is working as intended. It involves examining the various steps and activities that convert inputs into outputs, ensuring that each step adheres to defined...
Factor Analysis

Factor Analysis

SSDSI Blog

Factor analysis is a statistical method that explores the underlying structure of a set of variables. It reduces large datasets into smaller, more manageable factors. This technique allows researchers and analysts to uncover latent relationships between observed...